Transparency Act – requirements for transparency on enterprises' business contacts and suppliers
On 1 July 2022, the “Act relating to enterprises’ transparency and work on fundamental human rights and decent working conditions” - the Transparency Act-, enters into force. When entering into force, more than 9 000 Norwegian enterprises are required to carry out a due diligence. The Act shall promote businesses' respect for fundamental human rights and decent working conditions in connection with the production of goods and the provision of services, and ensure the general public access to information on how the businesses deal with negative consequences for fundamental human rights and decent working conditions.
